Fortuity in the law of marine insurance

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Bennett, Howard (2007) Fortuity in the law of marine insurance. Lloyd's Maritime and Commercial Law Quarterly . pp. 315-361. ISSN 0306-2945

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Abstract

This article addresses the meaning and significance of the concept of fortuity within the law of marine insurance. Voluntary conduct, naturally occurring losses and inherent vice, and inevitable losses are analysed, highlighting both the variable role and varied meanings of fortuity and considering the extent to which fortuity represents a presumption as to the interpretation of insurance contracts or an absolute restriction on the scope of insurance.

Item Type:

Article

RIS ID:

https://nottingham-repository.worktribe.com/output/1017200

Keywords:

fortuity, marine, insurance, all risks, voluntariness, wilful misconduct, unseaworthiness, perils of the sea, inherent vice, latent defects, leakage, inevitable loss

Schools/Departments:

University of Nottingham, UK > Faculty of Social Sciences > School of Law

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